One and Two North Falls Plaza in the LakePoint Office Park off West Tyvola Road have been sold to Griffin Capital Essential Asset REIT Inc. of El Segundo, Calif., for $33.2 million. The two Class A office buildings totaling nearly ...

Tagged with: Cassidy Turley

Bobbi Jo Lazarus, senior tax manager at Elliot Davis LLC accounting, will serve as Commercial Real Estate Women’s Charlotte chapter president for 2014. Lazarus, who previously served as one of the chapter’s national delegates, succeeds Barbara Briccotto of Intec Group ...

Tagged with: Cassidy Turley Commercial Real Estate Women Charlotte CREW Jones Lang LaSalle Lincoln Harris

Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall economy.

Tagged with: Beacon Partners Bernard Helm Cassidy Turley Charter Properties commercial development Darrell Palasciano Homebuilding Jon Morris real estate The Shopping Center Group

With vacancy rates well below market norms and above-average rents, this office submarket in south Charlotte continues to be one of the strongest performers in the city. Second-quarter numbers from Charlotte-based Karnes Co., an office-industry analytics firm, show that the SouthPark office market is healthier than it’s been since 2009.

Tagged with: Andrew Jenkins Cassidy Turley Jones Lang LaSalle Karnes Co. Rob Cochran SouthPark

About 75 different parties showed interest in and made a move on 4500 Cameron Valley Parkway when the office building went on the market. An affiliate of Charlotte-based The Keith Corp. on July 31 ended up buying 4500 Cameron Valley Parkway for $11.89 million.

Tagged with: Cassidy Turley Rob Cochran SouthPark

CHARLOTTE — Evolve Medical Associates plans to move into 3,948 square feet at The Parkview Building, 5821 Fairview Road. The 124,000-square-foot building has a vacancy rate of about 22 percent, according to Joe Franco, vice president for the Charlotte office ...

Tagged with: Cassidy Turley

The American Diabetes Association has signed a five-year lease for 1,850 square feet at Midtown Centre. The lease was signed last month. The 65,000-square-foot office building at 1300 Baxter Ave. has seen a lot of leasing activity in past four ...

Tagged with: Cassidy Turley

With Charlotte’s commercial real estate market still stuck in tenants’ favor, landlords continue to bite the bullet and offer free rent. And some don’t expect free rent and other tenant incentives to disappear in the near future. But in some sections, the incentives appear to have begun drying up.

Tagged with: Bissell Cos. Cassidy Turley incentives

The Charlotte office of Missouri-based Cassidy Turley has inked three lease deals in the past two weeks.

Tagged with: Cassidy Turley

Take another 25,900 square feet of commercial space off the market in Mecklenburg County. In the past two weeks, Mike Kemmet, a broker at the Charlotte office of Missouri-based Cassidy Turley, has worked on three lease deals.

Tagged with: Cassidy Turley